Banco Bilbao Vizcaya Argentaria S.A. Sells 9,179 Shares of Carrier Global Co. (NYSE:CARR)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in Carrier Global Co. (NYSE:CARR - Free Report) by 12.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,448 shares of the company's stock after selling 9,179 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Carrier Global were worth $4,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. RFG Advisory LLC lifted its stake in Carrier Global by 36.2% in the 4th quarter. RFG Advisory LLC now owns 7,170 shares of the company's stock worth $489,000 after purchasing an additional 1,904 shares in the last quarter. Princeton Global Asset Management LLC raised its position in shares of Carrier Global by 1,156.1% in the fourth quarter. Princeton Global Asset Management LLC now owns 20,663 shares of the company's stock worth $1,410,000 after buying an additional 19,018 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in Carrier Global during the fourth quarter valued at $2,213,000. Waldron Private Wealth LLC grew its position in Carrier Global by 90.5% during the fourth quarter. Waldron Private Wealth LLC now owns 16,532 shares of the company's stock worth $1,128,000 after buying an additional 7,854 shares in the last quarter. Finally, Gateway Wealth Partners LLC increased its stake in Carrier Global by 221.8% in the 4th quarter. Gateway Wealth Partners LLC now owns 10,327 shares of the company's stock worth $705,000 after acquiring an additional 7,118 shares during the last quarter. Institutional investors own 91.00% of the company's stock.

Carrier Global Trading Up 0.6 %

Shares of NYSE:CARR traded up $0.35 during midday trading on Tuesday, hitting $60.84. 4,881,682 shares of the stock traded hands, compared to its average volume of 4,470,948. The company has a quick ratio of 0.96, a current ratio of 1.25 and a debt-to-equity ratio of 0.77. The business's 50 day moving average is $63.10 and its two-hundred day moving average is $68.64. The stock has a market capitalization of $52.57 billion, a PE ratio of 9.69, a P/E/G ratio of 2.01 and a beta of 1.33. Carrier Global Co. has a one year low of $54.22 and a one year high of $83.32.

Carrier Global (NYSE:CARR - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.03. Carrier Global had a return on equity of 18.82% and a net margin of 23.83%. During the same quarter last year, the business posted $0.53 earnings per share. As a group, research analysts forecast that Carrier Global Co. will post 2.99 earnings per share for the current year.

Carrier Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Friday, May 2nd will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date is Friday, May 2nd. Carrier Global's payout ratio is currently 14.33%.

Analyst Ratings Changes

CARR has been the subject of a number of research analyst reports. Royal Bank of Canada dropped their price target on Carrier Global from $86.00 to $76.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. Mizuho set a $72.00 price target on shares of Carrier Global in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Carrier Global from $78.00 to $64.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Citigroup cut their target price on shares of Carrier Global from $89.00 to $72.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Barclays lowered their price target on Carrier Global from $87.00 to $83.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $79.73.

About Carrier Global

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security.